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File #: 27-19    Version: Name:
Type: Ordinance Status: Passed
File created: 8/13/2019 In control: City Council
On agenda: 9/26/2019 Final action: 9/26/2019
Enactment date: 10/3/2019 Enactment #: 21-19
Title: PROPOSED ORDINANCE NO. 27-19, AMENDMENT TO SECTION 10-4-19 - SCHEDULE OF GAS RATES AND CHARGES
Sponsors: Grover C. Robinson, IV
Attachments: 1. Proposed Ordinance 27-19, 2. PROOF OF PUBLICATION - ORDINANCE 2ND READING

LEGISLATIVE ACTION ITEM

 

SPONSOR:                         Grover C. Robinson, IV, Mayor

 

SUBJECT:

 

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PROPOSED ORDINANCE NO. 27-19, AMENDMENT TO SECTION 10-4-19 - SCHEDULE OF GAS RATES AND CHARGES                     

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RECOMMENDATION:

 

recommendation

That City Council adopt Proposed Ordinance No. 27-19 on second reading.

 

AN ORDINANCE AMENDING SECTION 10-4-19 OF THE CODE OF THE CITY OF PENSACOLA ENTITLED: "SCHEDULE OF RATES AND CHARGES"; PROVIDING FOR SEVERABILITY; REPEALING CLAUSE; PROVIDING AN EFFECTIVE DATE

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HEARING REQUIRED:  No Hearing Required

 

SUMMARY:

                                          

In 2007, City Council adopted a rate study that allowed for an annual inflation adjustment component to provide for funding to maintain the City’s natural gas system.  The last Consumer Price Index (CPI) adjustment was in 2019 where rates were increased for CPI of 2.40%. The Fiscal Year 2020 Budget has been prepared with an increase based on the CPI of 1.9%.

 

PRIOR ACTION:                     

 

September 12, 2019 - City Council voted to approve Ordinance No. 27-19 on first reading.

September 13, 2018 - City Council adopted Proposed Ordinance No. 13-18 adjusting rates based upon changes in the CPI.

 

FUNDING:                     

 

N/A

 

FINANCIAL IMPACT:

                     

The rate change has been incorporated in the Fiscal Year 2020 Budget.

 

CITY ATTORNEY REVIEW:    Yes

 8/16/2019

   

STAFF CONTACT:

 

Christopher L. Holley, City Administrator

Richard Barker, Jr., Chief Financial Officer

Don J. Suarez, Pensacola Energy Director

 

ATTACHMENTS:

 

1)                     Proposed Ordinance No. 27-19

 

PRESENTATION:     No   end